January 2007
Intermediate to advanced
1008 pages
32h 43m
English
Content preview from Microsoft® Office Excel® 2007 Inside OutBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Using Functions: A Preview
In simplest terms, a function is a predefined formula. Many Excel functions are shorthand versions of frequently used formulas. For example, compare the formula =A1+A2+A3+A4+A5+A6+A7+A8+A9+A10 with the formula =SUM(A1:A10). The SUM function makes the formula a lot shorter, easier to read, and easier to create. Some Excel functions perform complex calculations. For example, using the PMT function, you can calculate the payment on a loan at a given interest rate and principal amount.
All functions consist of a function name followed by a set of arguments enclosed in parentheses. (In the preceding example, A1:A10 is the argument in the SUM function.) If you omit a closing parenthesis when you enter a function, Excel adds ...
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